BLENDING town, country and city life, buyers could be forgiven for thinking that new homes in Macclesfield come with a premium price tag to match their prime location.
The reality is that with Help to Buy equity loans available, a new Elan home at Hope Park Mews could be easier to afford. To explain more about the scheme, niche developer Elan is hosting a special Help to Buy event on Saturday (Aril 21).
First time buyers and those who’ve sold subject to contract are both eligible for the Government-backed Help to Buy scheme, which is exclusive to new build homes and available on properties priced up to £600,000.
Marie Morris, sales director for Elan Homes in the North, said: “Help to Buy has been around for five years and yet there are still people who don’t know about the scheme, if they’re eligible or how it could boost their borrowing power. This Saturday we will have experts on hand to offer advice, answer customers’ question and hopefully start them on their journey to buying a brand new home.
“It’s also an opportunity for people to visit the show home to experience the quality and finish we offer and explore the area. The homes we’re building at Hope Park Mews are ideally placed as Macclesfield town centre is just a short walk away, where there are plenty of shops and dining options at Grosvenor and Thornton Square shopping centres, while Castle Quarter offers independent shopping options.
“Closer to home, there’s a nursery and supermarket, plus West Park. The area also boasts a choice of good and outstanding schools, making it the ideal choice for families. If that wasn’t enough, both the Peak District and Manchester city centre are also within easy reach.”
Current prices at Hope Park Mews start from £259,995 for a three-bedroom semi-detached Dee style property, with the four-bedroom Avon set out over three floors available from £274,995.
Help to Buy gives customers the chance to take out an equity loan for up to 20% of the purchase price. Using the Government-backed scheme, they should only need a 5% deposit and 75% mortgage.
Those who reserve before the end of April could receive £5,000 towards Stamp duty, plus Elan will also gift £1,000 in legal fees and include carpets and vinyl, plus turf to rear garden in the price.
Alternatively those with a property to sell may be able to use part exchange to climb the housing ladder.
To find out more about Help to Buy, join Elan at Hope Park Mews this Saturday (April 21). For the latest availability and pricing, see our current developments or call 0845 250 8676.